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Badger Meter Inc

BMI
Exchange
NYSE
Industry
Totalizing Fluid Meters & Counting Devices
SEC CIK
0000009092

In the last 90 days, Badger Meter Inc insiders filed 1 open-market purchase and 0 sales; 483 institutions reported holding it in 13F filings for Q2 2026, worth $4.86B in total; Fundsmith is the only superinvestor holding it.

13F holders, Q2 2026

Institutional positions in Badger Meter Inc as of Jun 30, 2026. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
483
+10 vs. Q1 2026
Shares held
32.8M
+2.39M (+7.8%) vs. Q1 2026
Total value
$4.86B
+$238.4M (+5.2%) vs. Q1 2026
New holders
82
170 more added
Sold out
72
160 more reduced

4 institutions that held it in Q1 2026 haven't filed for Q2 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2026: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting BMI on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ2 2026: 483 institutions
Q1 2021: 263 institutionsQ2 2021: 249 institutionsQ3 2021: 257 institutionsQ4 2021: 273 institutionsQ1 2022: 286 institutionsQ2 2022: 272 institutionsQ3 2022: 281 institutionsQ4 2022: 310 institutionsQ1 2023: 324 institutionsQ2 2023: 355 institutionsQ3 2023: 374 institutionsQ4 2023: 395 institutionsQ1 2024: 415 institutionsQ2 2024: 451 institutionsQ3 2024: 477 institutionsQ4 2024: 490 institutionsQ1 2025: 497 institutionsQ2 2025: 536 institutionsQ3 2025: 480 institutionsQ4 2025: 490 institutionsQ1 2026: 477 institutionsQ2 2026: 483 institutions
Value heldQ2 2026: $4.86B
Q1 2021: $2.36BQ2 2021: $2.48BQ3 2021: $2.56BQ4 2021: $3.05BQ1 2022: $2.53BQ2 2022: $2.07BQ3 2022: $2.37BQ4 2022: $2.74BQ1 2023: $3.13BQ2 2023: $3.82BQ3 2023: $3.77BQ4 2023: $4.06BQ1 2024: $4.25BQ2 2024: $4.90BQ3 2024: $5.75BQ4 2024: $5.72BQ1 2025: $5.33BQ2 2025: $6.92BQ3 2025: $5.06BQ4 2025: $5.17BQ1 2026: $4.63BQ2 2026: $4.86B
Institutions holding BMI and their total value by quarter
QuarterHoldersValue
Q2 2026483$4.86B
Q1 2026477$4.63B
Q4 2025490$5.17B
Q3 2025480$5.06B
Q2 2025536$6.92B
Q1 2025497$5.33B
Q4 2024490$5.72B
Q3 2024477$5.75B
Q2 2024451$4.90B
Q1 2024415$4.25B
Q4 2023395$4.06B
Q3 2023374$3.77B
Q2 2023355$3.82B
Q1 2023324$3.13B
Q4 2022310$2.74B
Q3 2022281$2.37B
Q2 2022272$2.07B
Q1 2022286$2.53B
Q4 2021273$3.05B
Q3 2021257$2.56B
Q2 2021249$2.48B
Q1 2021263$2.36B

Institutions, Q2 2026

Shares, value and share of portfolio for each institution holding Badger Meter Inc; share changes are against Q1 2026.

Institutions holding BMI in Q2 2026
InstitutionSharesValue% of portfolioChange in sharesAction
Bessemer Group Inc65,090$9.66M0.01%−70,976−52.2%Reduced
Vulcan Value Partners, LLC68,684$10.2M0.31%+68,684New
Alps Advisors Inc71,707$10.6M0.05%−7,193−9.1%Reduced
Triodos Investment Management BV75,000$11.1M0.68%+10,000+15.4%Added
Swiss Life Asset Management Ltd75,648$11.2M0.05%+4,537+6.4%Added
RMB Capital Management, LLC75,739$11.2M0.17%+23,565+45.2%Added
Robeco Schweiz AG75,896$11.3M0.18%−65,497−46.3%Reduced
Daventry Group, LP80,200$11.9M8.98%+80,200New
Segall Bryant & Hamill, LLC81,774$12.1M0.14%−4,704−5.4%Reduced
EULAV Asset Management84,200$12.5M0.40%−7,000−7.7%Reduced
UBS Asset Management Americas Inc85,820$12.7M0.00%−869−1.0%Reduced
Wells Fargo & Company86,984$12.9M0.00%+24,597+39.4%Added
AQR Capital Management LLC89,789$13.3M0.00%+43,722+94.9%Added
Granite Investment Partners, LLC91,485$13.6M0.70%+30,425+49.8%Added
Ci Investments Inc.92,973$13.8M0.04%+52,053+127.2%Added
Handelsbanken Fonder AB94,029$14.0M0.04%−3,063−3.2%Reduced
Commonwealth Equity Services, LLC94,969$14.1M0.02%+7,586+8.7%Added
Allianz Asset Management GmbH95,812$14.2M0.01%−29,905−23.8%Reduced
Gamco Investors, Inc. Et Al96,725$14.4M0.13%−2,000−2.0%Reduced
Citigroup Inc96,937$14.4M0.01%+68,964+246.5%Added
Deutsche Bank AG98,707$14.6M0.00%+4,701+5.0%Added
Mairs & Power Inc99,464$14.8M0.14%−5,351−5.1%Reduced
Congress Asset Management Co100,030$14.8M0.09%−2,065−2.0%Reduced
Public Sector Pension Investment Board100,272$14.9M0.04%−5,199−4.9%Reduced
Epoch Investment Partners, Inc.102,122$15.2M0.09%+1,250+1.2%Added
Gabelli Funds LLC103,927$15.4M0.10%+733+0.7%Added
ProShare Advisors LLC112,128$16.6M0.02%+28,075+33.4%Added
Rhumbline Advisers113,164$16.8M0.01%−9,946−8.1%Reduced
Nuveen, LLC117,051$17.4M0.00%−18,076−13.4%Reduced
Raymond James Financial Inc118,544$17.6M0.00%−10,573−8.2%Reduced
Bridges Investment Management Inc135,764$20.1M0.24%+38,359+39.4%Added
DekaBank Deutsche Girozentrale137,060$20.2M0.03%00.0%Unchanged
Royal Bank of Canada138,884$20.6M0.00%−7,005−4.8%Reduced
DF Dent & Co Inc143,925$21.4M0.41%−6,944−4.6%Reduced
Needham Investment Management LLC145,000$21.5M0.65%+115,000+383.3%Added
Toroso Investments, LLC147,423$21.9M0.05%−16,095−9.8%Reduced
Jupiter Asset Management Ltd154,818$23.0M0.11%+23,369+17.8%Added
Rodgers Brothers Inc.155,230$23.0M2.24%+65,998+74.0%Added
Envestnet Asset Management Inc167,310$24.8M0.01%+36,212+27.6%Added
TD Asset Management Inc172,506$25.6M0.02%−9,504−5.2%Reduced
Fundsmith LLPSuperinvestorFundsmith174,627$25.9M0.19%+32,136+22.6%Added
XXEC, Inc.204,736$26.0M3.38%+107,090+109.7%Added
Belpointe Asset Management LLC178,964$26.6M0.87%+40.0%Added
Principal Financial Group Inc183,970$27.3M0.01%+3,394+1.9%Added
Arrowstreet Capital, Limited Partnership188,594$28.0M0.01%+50,914+37.0%Added
Copeland Capital Management, LLC190,906$28.3M0.58%+190,905+19,090,500.0%Added
Bank of New York Mellon Corp196,890$29.2M0.00%−8,354−4.1%Reduced
Select Equity Group, L.P.199,278$29.6M0.16%+107,454+117.0%Added
Sandhill Capital Partners LLC201,632$29.9M2.43%+201,632New
Storebrand Asset Management AS209,229$31.0M0.08%+53,651+34.5%Added
Vanguard Fiduciary Trust Co209,599$31.1M0.01%+3,805+1.8%Added
Legal & General Group Plc211,253$31.3M0.01%+8,427+4.2%Added
Federated Hermes, Inc.212,645$31.6M0.05%+176,922+495.3%Added
Franklin Resources Inc223,931$33.2M0.01%+2,629+1.2%Added
Grantham, Mayo, Van Otterloo & Co. LLC229,639$34.1M0.08%+25,885+12.7%Added
Rockefeller Capital Management L.P.243,204$36.1M0.06%−18,488−7.1%Reduced
Fundsmith Investment Services Ltd.251,196$37.3M0.82%+118,565+89.4%Added
American Capital Management Inc258,243$38.3M1.72%+72,402+39.0%Added
Price T Rowe Associates Inc276,884$41.1M0.00%+16,121+6.2%Added
Mirae Asset Global ETFs Holdings Ltd.280,713$41.6M0.05%+16,843+6.4%Added
Goldman Sachs Group Inc311,866$46.3M0.00%−152,957−32.9%Reduced
Marshall Wace, LLP312,146$46.3M0.04%−194,544−38.4%Reduced
Van Berkom & Associates Inc.330,384$49.0M1.58%+330,384New
Charles Schwab Investment Management Inc335,404$49.8M0.01%+15,840+5.0%Added
Norges Bank374,295$55.5M0.01%+374,295New
Northern Trust Corp380,008$56.4M0.01%+47,513+14.3%Added
JPMorgan Chase & Co434,707$60.5M0.00%−41,017−8.6%Reduced
Bank of America Corp460,602$68.3M0.00%+167,750+57.3%Added
Neuberger Berman Group LLC499,519$74.1M0.05%+152,799+44.1%Added
Invesco Ltd.505,343$75.0M0.01%−272,564−35.0%Reduced
Dimensional Fund Advisors LP517,496$76.8M0.01%−22,776−4.2%Reduced
Pictet Asset Management Holding SA574,477$85.2M0.08%+180,133+45.7%Added
Amundi590,079$87.6M0.02%+131,016+28.5%Added
UBS Group AG629,411$93.4M0.01%−228,763−26.7%Reduced
Boston Trust Walden Corp728,961$108.2M0.82%+198,792+37.5%Added
Morgan Stanley739,882$109.8M0.01%+76,690+11.6%Added
First Trust Advisors LP771,864$114.5M0.07%+211,508+37.7%Added
Impax Asset Management Group plc945,694$140.3M0.91%+945,694New
Geode Capital Management, LLC1,008,392$149.6M0.01%+69,561+7.4%Added
Vanguard Capital Management LLC1,317,325$195.5M0.00%+15,705+1.2%Added
State Street Corp1,651,414$245.0M0.01%+126,444+8.3%Added
Vanguard Portfolio Management LLC2,504,823$371.7M0.02%+53,172+2.2%Added
BlackRock, Inc.4,892,342$725.9M0.01%−59,540−1.2%Reduced
Bamco Inc0$00.00%−312,213−100.0%Sold out
Renaissance Technologies LLC0$00.00%−199,200−100.0%Sold out
Millennium Management LLC0$00.00%−126,098−100.0%Sold out
Conestoga Capital Advisors, LLC0$00.00%−122,658−100.0%Sold out
Voloridge Investment Management, LLC0$00.00%−113,238−100.0%Sold out
Squarepoint Ops LLC0$00.00%−75,936−100.0%Sold out
Citadel Advisors LLC0$00.00%−40,038−100.0%Sold out
Van Eck Associates Corp0$00.00%−33,922−100.0%Sold out
Healthcare of Ontario Pension Plan Trust Fund0$00.00%−33,298−100.0%Sold out
Caxton Associates LLP0$00.00%−31,802−100.0%Sold out
Two Sigma Investments, LP0$00.00%−30,993−100.0%Sold out
Capital Fund Management S.A.0$00.00%−28,121−100.0%Sold out
UniSuper Management Pty Ltd0$00.00%−27,523−100.0%Sold out
EFG International AG0$00.00%−22,466−100.0%Sold out
Regency Capital Management Inc.0$00.00%−19,818−100.0%Sold out
Nelson, Van Denburg & Campbell Wealth Management Group, LLC0$00.00%−16,631−100.0%Sold out
Agf Management Ltd0$00.00%−11,451−100.0%Sold out